France - Paris
Guatemala
DEMOGRAPHICS CBSA
DEMOGRAPHICS
Square Miles
Population
Paris, France 4,267,000 65,430,000
Households
Household Income Median
Employees (Total)
Unemployment
N/A
€ 28,248
22,800,000
10.80%
CBSA
Guatemala
MARKET HIGHLIGHTS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
68,056
15,500,000
N/A
N/A
4,359,000
4.10%
MARKET HIGHLIGHTS
• Loan rates are historically low (under 3%). • Sales volume strongly declined; prices are stabilizing in
• Guatemala shows a growth of 375% in Foreign Direct
Investment (FDI); and a growth from US $262.2 million to US $1.24 billion from 2003 to 2012. Corporations such as Bimbo, Telefonica, Nestle, Pepsico and Ambev had heavily invested in the country.
Paris and hotspots, and decreasing nationwide.
• Tax cuts for 2013 / 2014 are propitious to market energizing. • New housing construction has slowed down because of tax
• Guatemala seeks to attract more than $1.3 billion in
US investment through a portfolio that includes seven infrastructure projects: industrial park in the border with Mexico, recover the port of Champerico, build a solid and liquid bulk terminal in port St. Tomas, inter oceanic canal, toll highways, international airport and a multimodal port.
reforms.
• France and Paris are the top tourist destinations. • In Paris, the average sqm price has fallen down to 8,206€, the same level as 2011.
• Potential sectors for FDI: BPO´s and technological
infrastructure, renewable energy and oil and mining. Facilities and infrastructure will be demanded for these sectors.
• Low income housing projects are a boom for developers and
constructors. It is estimated that Guatemala will register for a 1.799 million units deficit in 2013, 1.882 units in 2014, and 1.963 units in 2015.
• New construction is mainly represented by vertical construction of residential Apartments. From 107 new projects in the City, 67% are residential buildings. The price range of 35 projects is from $100 USD to $150,000 USD. An 80 unit building is estimated to be 100% reserved in 3 months.
OFFICE
retail
industrial
multy-family
OFFICE
retail
industrial
multy-family
Vacancy
p
q
q
q
Vacancy
q
p
q
q
Absorption
q
q
p
q
Absorption
p
p
p
p
Rental Rates
q
q
n
q
Rental Rates
n
p
n
q
CONTACT
CONTACT
Coldwell Banker Commercial France & Monaco
8 Rue Lamennais Paris, Ile de France 75008 +33 01 83 53 53 53
www.coldwellbanker.fr
Coldwell Banker Commercial Master Realtor
75
5 avenida 555 zona 14 Europlaza, torre 3 oficina 801 Guatemala, Guatemala Guatemala +502 2203 6363
www.coldwellbanker.com.gt